"risk analysis"

#12898788

23 October 2025

The Moody's rating agency logo appears on a smartphone screen, with the French flag in the background. Moody's currently rates France's sovereign debt as Aa3 and is due to reveal the new rating; a downgrade to A1 is expected. This occurs in Creteil, France, on October 23, 2025.

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#12898789

23 October 2025

The Moody's rating agency logo appears on a smartphone screen, with the French flag in the background. Moody's currently rates France's sovereign debt as Aa3 and is due to reveal the new rating; a downgrade to A1 is expected. This occurs in Creteil, France, on October 23, 2025.

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#12898790

23 October 2025

The Moody's rating agency logo appears on a smartphone screen, with the French flag in the background. Moody's currently rates France's sovereign debt as Aa3 and is due to reveal the new rating; a downgrade to A1 is expected. This occurs in Creteil, France, on October 23, 2025.

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#12898791

23 October 2025

The Moody's rating agency logo appears on a smartphone screen, with a stock chart in the background. Moody's currently rates France's sovereign debt as Aa3 and is due to reveal the new rating; a downgrade to A1 is expected in Creteil, France, on October 23, 2025.

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#12898792

23 October 2025

The Moody's rating agency logo appears on a smartphone screen, with a stock chart in the background. Moody's currently rates France's sovereign debt as Aa3 and is due to reveal the new rating; a downgrade to A1 is expected in Creteil, France, on October 23, 2025.

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#12898793

23 October 2025

The Moody's rating agency logo appears on a smartphone screen, with a stock chart in the background. Moody's currently rates France's sovereign debt as Aa3 and is due to reveal the new rating; a downgrade to A1 is expected in Creteil, France, on October 23, 2025.

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#12765414

17 September 2025

Illustrations of the Morningstar DBRS credit rating agency's rating grid display on a smartphone screen with the agency's logo in the background, ahead of the new assessment of France's debt rating to be unveiled on September 19. In Creteil, France, on September 17, 2025.

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#12765415

17 September 2025

Illustrations of the Morningstar DBRS credit rating agency's rating grid display on a smartphone screen with the agency's logo in the background, ahead of the new assessment of France's debt rating to be unveiled on September 19. In Creteil, France, on September 17, 2025.

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#12765416

17 September 2025

Illustrations of the Morningstar DBRS credit rating agency's rating grid display on a smartphone screen with the agency's logo in the background, ahead of the new assessment of France's debt rating to be unveiled on September 19. In Creteil, France, on September 17, 2025.

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#12765417

17 September 2025

Illustrations of the Morningstar DBRS credit rating agency's rating grid display on a smartphone screen with the agency's logo in the background, ahead of the new assessment of France's debt rating to be unveiled on September 19. In Creteil, France, on September 17, 2025.

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#12765418

17 September 2025

Illustrations of the Morningstar DBRS credit rating agency's rating grid display on a smartphone screen with the agency's logo in the background, ahead of the new assessment of France's debt rating to be unveiled on September 19. In Creteil, France, on September 17, 2025.

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#12576117

23 July 2025

Creditreform signage and pride flags are on the company's office building in Berlin, Germany, on July 20, 2025. Creditreform is a business information agency and debt collection service provider operating in multiple commercial sectors.

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#12576118

23 July 2025

Creditreform signage and flags are on the company's office building in Berlin, Germany, on July 20, 2025. Creditreform is a business information agency and debt collection service provider operating in multiple commercial sectors.

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#12576119

23 July 2025

Creditreform signage and flags are on the company's office building in Berlin, Germany, on July 20, 2025. Creditreform is a business information agency and debt collection service provider operating in multiple commercial sectors.

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#12576120

23 July 2025

Creditreform signage and pride flags are on the company's office building in Berlin, Germany, on July 20, 2025. Creditreform is a business information agency and debt collection service provider operating in multiple commercial sectors.

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#12576121

23 July 2025

Creditreform signage and flags are on the company's office building in Berlin, Germany, on July 20, 2025. Creditreform is a business information agency and debt collection service provider operating in multiple commercial sectors.

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